Coping with a Paradoxical Theorem in Macroeconomics, Report on a Survey

James J. Rakowski

The American Economist, 1999, vol. 43, issue 1, 52-56

Abstract: This paper reports on the varied and inconsistent responses of a group of economists to a survey seeking resolution of a puzzle in open economy macroeconomics. The paper suggests that the puzzle is unresolved and is the source of many anomalies which quite undermine macroeconomics.

Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:sae:amerec:v:43:y:1999:i:1:p:52-56

DOI: 10.1177/056943459904300106

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